CBRE appoints head of operational real estate
CBRE has promoted executive director Tom Morgan to the position of head of operational real estate (OPRE), effective from January 1st.
In his new position, Morgan will look to drive further growth for CBRE’s UK OPRE business, which comprises the healthcare, hotel, pub, leisure, self storage, automative, and roadside sectors.
CBRE said that Morgan will work closely with the wider OPRE leadership team to provide integrated solutions for clients during a time of improved investor interest in the sector.
The firm’s OPRE valuation team will continue to be led by Al McCutchion.
Morgan joined CBRE 17 years ago and has primarily been responsible for the development of the firm’s healthcare offering across the UK.
David Batchelor, former head of operational real estate, will move into a chair role within the UK business, focused on the investment market.
Tom Morgan said: “I’ve been fortunate to work in this team for many years, surrounded by 150 specialists with unrivalled property, operational and financial expertise. OPRE is now an established sector and I’m hugely excited to take over from David’s outstanding leadership tenure as we enter the next phase of growth.”